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1 Company presentation

2 What does NZZ stand for? Quality journalism Pinnacle of journalistic independence Tradition coupled with a clear focus on the digital future

3 Mission statement The main aim of the NZZ Media Group is to publish the Neue Zürcher Zeitung, as well as other high-quality, independent media that are free from special interests and have a liberal stance. The Neue Zürcher Zeitung is committed to and actively promotes liberal democratic principles. We seek to reliably and comprehensively inform our readers through our media. Our precisely researched facts, in-depth analysis and expert commentary aim to help readers orient themselves and gain new knowledge. [ ]

4 Founded 237 years ago Newspaper founder Salomon Gessner First edition of the Zürcher Zeitung published in 1780 by the Orell, Gessner, Füssli & Co. publishing house The oldest daily Swiss newspaper still in publication

5 From 1780 the Zürcher Zeitung appeared twice a week From 1894: three times a day From 1969: twice a day Since 1974: once a day

6 Largest network of correspondents among all German-speaking media 40 correspondents worldwide

7 Formation of a media group 1991 Majority shareholder St. Galler Tagblatt AG 1998 Holding company AG für die Neue Zürcher Zeitung 2002 Investment in LZ Medien Holding 2006 Two business entities: NZZ AG, Freie Presse Holding AG

8 2008 First CEO appointed 2009 Management board, close incorporation of regional media % takeover of FPH 2015 Introduction, consolidation and expansion of the business media unit 2017 Foundation of CH Media (Joint Venture between AZ Media and NZZ Regional Media

9 Who owns the NZZ Media Group? Around shareholders Dedicated to liberal democratic principles Only individuals No one owns more than 1% of the voting rights Long-term vision sustainable profitability

10 Board of directors and management board Board of directors ETIENNE JORNOD President DR. CHRISTOPH SCHMID Vice President DR. BERND KUNDRUN PROF. DR. LUCY KÜNG CAROLINA MÜLLER-MÖHL MATTHIAS REINHART PROF. DR. ROLAND SIEGWART PROF. DR. DOMINIQUE VON MATT ISABELLE WELTON Management board Business units Central departments DR. FELIX GRAF CEO/ Head of NZZ Media a.i. ERIC GUJER Editor in Chief «Neue Zürcher Zeitung» DR. MONICA DELL ANNA Head of Business Media ANDREAS BOSSECKER Head of Technology PETRA FEIGL-FÄSSLER Head of Human Resources JÖRG SCHNYDER CFO

11 Management board Organizational chart executive management Board of directors FELIX GRAF CEO HANSPETER KELLERMÜLLER Head of Administration SETA THAKUR Head of Corporate Communications NZZ Media Business Media Key business departments FELIX GRAF Head of NZZ Media a.i. / Co-Director MONICA DELL ANNA Head of Business Media ANDREAS BOSSECKER Head of Technology ERIC GUJER Editor in Chief «Neue Zürcher Zeitung» Co-Director PETRA FEIGL-FÄSSLER Head of Human Resources JÖRG SCHNYDER CFO LUZI BERNET Editor in Chief «NZZ am Sonntag»

12 The NZZ Media Group s business units NZZ Media Business Media

13 NZZ Media

14 Business Media Events and information services

15 Human Resources NZZ Media Group (headcount) Central departments NZZ Media Business Media

16 Holdings NZZ Media Group NZZ Management AG, Zurich NZZ Media Solutions AG, Zurich Audienzz AG, Zurich Moneyhouse AG, Risch Architonic AG, Zurich Zurich Film Festival AG, Zurich Spoundation Motion Picture AG, Zurich Swissprinters AG, Zofingen bettermarks GmbH, Berlin Schweizerische Depeschenagentur AG, Bern 100 % 100 % 100 % 100 % 81 % 52 % 52 % 30 % 19 % 11 % Neue Zürcher Zeitung AG, Zurich NZZ (Deutschland) GmbH, Frankfurt NZZ Österreich GmbH, Vienna Presse TV AG, Zurich Livingdocs AG, Zurich dctp GmbH, Düsseldorf Qontis AG, Zurich FPH Freie Presse Holding AG, St. Gallen Tagblatt Medien Holding AG, St. Gall LZ Medien Holding AG, Lucerne NZZ Konferenzen AG, Zürich Swiss Economic Forum (SEF) AG, Thun Premium Incentives and Events AG, Thun % % % % % % % % % % % % %

17 Key figures 2017 Total operational earnings 428,2 million CHF Betrieblicher Gesamtaufwand 402,6 million CHF Betriebsergebnis (EBIT) 25,6 million CHF Gruppenergebnis 28,7 million CHF Total assets 427,1 million CHF Fixed assets 158,4 million CHF Equity rat 66,8% Return on equity (ROE) 10,1%

18 Product range Newspapers (daily and Sunday newspapers) Weekly newspapers and advertising papers Journals and magazines Digital media TV (including magazine-style programs) Information services Events

19 Print product innovations since 2015 Redesign «Z» Launch «NZZ Geschichte» Redesign «NZZ Folio» Redesign «Neue Zürcher Zeitung» Redesign «Stil» Refresh «NZZ am Sonntag»

20 Digital product innovations since 2015 Redesign NZZ.ch Launch NZZaS.ch Launch bellevue.nzz.ch Redesign E-Paper «Neue Zürcher Zeitung» / «Luzerner Zeitung» / «St. Galler Tagblatt» Relaunch NZZ-App

21 NZZ Media: Newspapers «Neue Zürcher Zeitung» «Neue Zürcher Zeitung» (international edition) «NZZ am Sonntag»

22 NZZ Media: Supplements and magazines

23 NZZ Media: Digital Media NZZ.ch NZZaS.ch bellevue.nzz.ch jobs.nzz.ch nzzdomizil.ch NZZ ARCHIV 1780 NZZ Format NZZ Standpunkte trauer.nzz.ch zeitungsarchiv.nzz.ch

24 NZZ Media: Events and other types of business NZZ Podium Zürich NZZ Podium Berlin NZZ LIVE NZZ Reisen NZZ Edition NZZ Shop NZZ Corner

25 Business Media: Events/programs Swiss Economic Forum SEF4KMU Swiss International Finance Forum Swiss Innovation Forum Swiss Energy & Climate Summit Real Estate Days X.Days NZZ CEO Dinner Netversity Zurich Film Festival

26 Business Media: Information services Commercial register data and business information Online-community for architecture and design Planning applications and building permits

27 Many thanks SETA THAKUR Head of Corporate Communications NZZ Management AG Falkenstrasse 11 Postfach CH-8021 Zürich Telefon +41 (0)

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